The great Twitter stock market flash crash

Wild action today, with a Twitter account of all things, driving billions of dollars of intraday gains and losses after a fake Associated Press tweet reported a terror attack on the White House.

I’m not in a rush to trade earnings reports tonight, but feet to fire, I’d rather be long Juniper and Apple than short into the call. Indeed, I think Juniper
/quotes/zigman/202982/quotes/nls/jnprJNPR might even be able to bounce tomorrow if they just report decent numbers. And if they are able to guide higher, the stock could really get going tomorrow.

Apple
/quotes/zigman/68270/quotes/nls/aaplAAPL is just such a battleground stock right now, it’s anybody’s best guess what it’ll do after the close. Here are a few headlines and my analysis for you guys.

How to trade gold, Apple, and earnings – In my column yesterday I wrote: “I use twitter increasingly every day for stock and market news and ideas. You can follow me on twitter at Twitter.com/CodyWillard.” And today as noted above, the market flash-crashed on a twitter note. Wild. Within ten years Twitter will be worth more than News Corp. or Time Warner. Facebook was worth more than News Corp. for a while last year and will be again.

The case against Corzine – Corzine is just the most blatant example of a guy who got away with it. Our society needs justice, blind justice. What’s to stop JP Morgan from London-Whaling their entire depositor base if the executives there know they can get away with it ala corzine?

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